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Published at 25th of December 2023 05:16:05 AM


Chapter 354: [Real Estate Shenglang! ] (3,600 words for a monthly pass!)

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Chapter 354 【Real estate rise! ] (3,600 words for a monthly pass!)

In July 1962, the Hong Kong Island property market was gaining momentum, and the upward trend was rapid;

Especially the well-equipped large-scale private housing estates developed by Cheung Kong Holdings have become the favorite properties of Hong Kong Islanders.

The first, second, and third phases of "Newport City" developed by Cheung Kong Industrial have all been sold out, and the overall average transaction price is 44 Hong Kong dollars per square foot;

In other words, the subsequent transaction price was higher than 44 Hong Kong dollars per square foot, and reached 47 Hong Kong dollars per square foot;

Compared with a year ago, the value has appreciated by about 15%. This is the result of Cheung Kong Industrial’s dislike of real estate speculation;

Because of Cheung Kong's resistance to speculation in uncompleted properties, there is no high proportion of speculation in other properties in terms of price.

The next three properties of Cheung Kong, Huijing Garden Phase I, Phase II, and Phase III, will also be opened in sequence;

The ‘Three Musketeers’ of CK Industries gathered together to discuss the opening price, and then prepared to report to Wu Guangyao.

"It must not be lower than 50 Hong Kong dollars. The property prices in Kowloon have generally risen above 46 Hong Kong dollars. All three of our properties are large-scale private housing estates with various living facilities and high-end kindergartens. The price is low, and it seems to be of high quality. A little bit lower." Shi Jun took the lead to express his views.

Since its establishment, Cheung Kong has been developing high-end real estate. The people of Hong Kong Island are very aware of this.

What is high-end real estate?

First of all, it has to be a prosperous area. Cheung Kong has always been developing real estate in Kowloon. The temporarily impoverished New Territories have not thought about it;

Secondly, there are public facilities in all aspects. In this respect, Cheung Kong Holdings can be said to be the originator of large-scale communities on Hong Kong Island. With Wu Guangyao’s later generations’ experience, it is natural to create a historical precedent in Hong Kong Island’s real estate (PS: Cheung Kong Development at this stage of development) For the real estate, focus on the convenience of shopping, and there are more shops and wet goods shops.);

Finally, it is naturally the quality of the real estate. Needless to say, with Wu Guangyao’s wealth, it is impossible to do that kind of wicked things.

"This is true, but it can't be too high. I think it's about 50 Hong Kong dollars; if the price rises in the later stage, we can also adjust it." Xiu Yanbing said.

Soon, the three of them agreed and set the opening price at 49.98 yuan per square foot;

About Cheung Kong Holdings always like to set the price to the last two decimal places, naturally it is also deeply influenced by the boss Wu Guangyao;

For example, at a price of 50 Hong Kong dollars per square foot, Cheung Kong Holdings will definitely hit a price of 49.98 per square foot;

The reason for this, Wu Guangyao asked his subordinates to figure it out for themselves, and I must now understand the truth;

To put it bluntly, it is just to use a customer's psychology!

The three were in a meeting. A nervous management came in and said, "Vice presidents, there are long lines outside the sales office of Huijing Garden Phase I. Manager Wang at the sales office persuades these people to leave. Not only did these people not leave, but the long queue grew longer and longer, and the citizens refused to leave."

The three of them were really surprised when they heard it!

The opening date of Huijing Garden has not been confirmed yet, why are these people queuing up?

"It can't go on like this. If there are more and more people and we don't open the market, something will definitely happen at that time! Let's go, the three of us will go and see." Shi Jun took the lead in reacting.

The other two also know the urgency of the situation. If something goes wrong, it will turn into something bad!

The three people came to the sales office of the first phase of Huijing Garden in an emergency, and looked around, there was a long queue of nearly a hundred people outside;

Some people in line, even holding stools and backpacks in their hands, look like they are ready to fight a protracted battle.

I learned from the sales manager that I don’t know who spread the Huijing Garden Phase I will open tomorrow;

So some citizens plan to come in line in advance, waiting for the rush to buy tomorrow.

The three of them couldn't help but smile. Is this a good thing or a bad thing?

The real estate developed by Cheung Kong Industrial has a good reputation, coupled with the subsequent management to keep up, it has always been well-known on Hong Kong Island;

Importantly, in recent years, people on Hong Kong Island seem to have liked such large private housing estates, and they find it convenient to live in them, so they will choose this type of real estate when buying houses;

It is precisely this kind of real estate, except for Cheung Kong, no other developers are willing to try;

Popular is indeed, but the risk is also great. Hong Kong Island itself is a boat in the sea, and the environment is ups and downs;

Once the previous property plummeting situation occurs, most developers will choose bankruptcy or liquidation because they cannot repay their loans.

So, everyone thinks it is better to develop small real estate!

Looking at more and more long dragons, the three lives are afraid of accidents, so they decided to report to the police!

There is no way, the three of them have also personally went outside to persuade them, but the citizens in the long dragon have chosen to ignore them.

"You sell your house, I'm in my line, you don't sell it tomorrow, you have to sell it the day after tomorrow!" said one person dissatisfied.

The three of them knew that this was a real estate speculator, but they would not say anything.

Real estate speculators are property speculators, and property speculation is property speculation. The nature of property speculators is different, and there is no difference between property speculators and normal buyers.

However, this kind of real estate speculators have some background. If they do not open the market every day, or the day after tomorrow, they might cause trouble;

So, only when the police arrive and persuade and drive away, will there be no trouble!

Fortunately, after the police arrived, the long dragon finally began to disperse.

Wu Guangyao was dumbfounded when he heard the report of the three. Is the real estate situation so good?

I quickly figured out that Hong Kong Island itself is the trading center of Asia, and it is easy for foreign capital to come in and go out;

Hot money from Southeast Asia and Dongying funds like to invest in Hong Kong Island;

Even European and American businessmen think that Hong Kong Island is a golden mountain and want to get a share of the pie;

Because of these reasons, it is naturally easy to cause a real estate boom;

But because Hong Kong Island is on the opposite side and is easily affected by the political environment, real estate is prone to plummet again;

The ups and downs of the real estate industry is naturally a paradise for speculators.

After listening to the opening price of 49.98 Hong Kong dollars, Wu Guangyao did not say anything. The Three Musketeers knew better than himself, so there was no need to worry about that.

Soon, the opening date was set, and July 20, one week later, was selected.

The date of reading the plate is not simply to look at the almanac, but to ask a Feng Shui master to confirm;

In line with the principle of preferring to be trusted and not to be trusted, Wu Guangyao maintains sufficient respect for these, according to the general environment of Hong Kong Island.

On July 20, the first phase of Cheung Kong's Huijing Garden went on sale. The scene showed the real estate developed by Cheung Kong, the hottest situation in history;

The first phase of Huijing Garden has a total of 1,680 residential units. On the same day, 1,300 residential units were sold. Wu Guangyao found it incredible.

In the back, according to a newspaper report, after a speculator bought a house in the first phase of Huijing Garden, he found the buyer within two days and made 1,800 Hong Kong dollars.

According to an area of ​​800 square feet, a house is 40,000 Hong Kong dollars. This speculator made a 4% profit in three days, which is comparable to picking up money!

In his spare time, Wu Guangyao called the two brothers from the top to come to the heaven and earth in Wan Chai for recreation.

Hong Kong Island has always been known as the ‘prosperity moving east’. Wan Chai is located to the east of Central District, adjacent to Central District;

So since the 1960s, Wan Chai began to prosper;

In addition, the Hong Kong government reclaimed a large area in Wan Chai, which laid the foundation for the prosperity of Wan Chai.

The east of Wan Chai is Causeway Bay, and Causeway Bay gradually prospered after the island and the Kowloon Cross-Harbour Tunnel were opened in the 1970s.

Conversely, the west side of Central District-Sheung Wan and Western District are behind, not as good as Wan Chai and Causeway Bay.

Wan Chai District was the location of the famous Spring Garden at the beginning of the opening of the port on Hong Kong Island, so Wan Chai was famous for its red light district for a long time;

Speaking of the red light district in Wan Chai, there is another allusion:

[In other words, before the 1930s, the'chicken' in Hong Kong and Kowloon was flooded, and the calls of Chinese and foreigners to ban prostitution were increasing; the previous officials of the Hong Kong government did nothing at all, but explained that Hong Kong Island is a free trade port, if there is no'chicken' 'Entertainment, sailors are unwilling to sail to Hong Kong Island, and merchants are unwilling to travel to Hong Kong and Kowloon.

Is the Hong Kong government really not determined to ban prostitution?

Yes, and very resolute!

In the early 1930s, during the Great Depression of the world economy, many unemployed British women fell into the dust, and even some ‘foreign chickens’ came to Hong Kong Island in Oriental Paradise to make a living.

Although the meat of ‘foreign chicken’ is expensive, the wealthy Chinese are reluctant to do so, and they vent their hatred of being discriminated against by the British in the past.

Where is the dignity of the British Empire?

The British government urgently passed a ban on prostitution. The Hong Kong Governor ordered that all foreign women who are afflicted with foreign nationality must cease their business after one month; because of the large number of Chinese women, they will be cleaned up within three years.

So, after 1935, there were no legal prostitutes on Hong Kong Island.

This is also the most severe ban on prostitution in the history of Hong Kong Island. 】

The legal ones don’t exist, but the illegal ones go underground.

The things that have existed since ancient times are naturally not so easy to eliminate.

Therefore, Wan Chai is full of nightclubs, bars, dance halls and other entertainment venues, and it is a place of feasting, feasting, and singing night and night;

Especially for the Lockhart Road and Jaffe Road generations, it has five steps on the first floor and ten steps on a pavilion, becoming a collection and distribution center for night tourists.

Heaven on Earth nightclub is known as the "imperial palace" of entertainment venues. The decoration is luxurious and stylish, and the performances are not vulgar. It is the best choice for rich men.

Wu Guangyao and Fang Geer sat at the best table to watch the stage. The entertainment venues of this era are not noisy, because music is not the style of later generations.

"Wu Sheng, do you want to ask two accompany ladies to accompany you to drink and drink!" Zhu Yuan greeted him. Zhu Yuan is the boss of heaven and earth, but he accounts for less than 5% of the shares, which is equivalent to a professional manager supported by Lei Dun security.

Wu Guangyao waved his hand and said with a smile: "That's not good! I'll let the lady know later, I may not be able to sleep!"

This sentence is naturally just a ridicule, to establish a good reputation on Hong Kong Island!

Talked with Brother Fang for a while, and Wu Guangyao greeted Zhu Yuan to sit down for a while.

Wu Guangyao said: "Boss Zhu, I remember that heaven and earth have cultivated some of their own singers, right?"

Zhu Yuan immediately replied: "Yes, our Heaven and Earth Nightclub has started to train our own singers from the very beginning. Currently, there are 38 singers under the umbrella. Mr. Wu, would you like to see their information? If there are photos, I will give you. take?"

MD, do you look like the kind of person who uses power for personal gain?

Wu Guangyao couldn't help but ask himself, Zhu Yuan's words clearly believed that Wu Guangyao wanted to be on these singers.

"No, you recommend two or three good seedlings, and then terminate the contract with them; then let them go to the music department of Hong Kong Island Commercial Radio, where there are shortcomings of talents in this area."

"No problem, I will take care of this!"

Wu Guangyao nodded. Judging from Zhu Yuan’s attitude, Zhu Yuan can still recognize his position without being arrogant;

The four chiefs of the heaven and earth only listen to Lei Dun's security, which can be regarded as a means to check and balance Zhu Yuan, so as to save the heaven and earth as his own.

After spending two hours in the heaven and earth, Wu Guangyao found that there seemed to be very few Cantonese songs, which obviously did not match Wu Guangyao’s impression of Hong Kong Island songs;

Maybe Hong Kong Island has not yet started the era of Cantonese singing, Wu Guangyao couldn’t help but think of it!

It is very possible. After all, this era is influenced by Shanghai Beach, and Mandarin songs are the mainstream, even on Hong Kong Island!

Cantonese songs should have developed only after the screen (TV) became popular in the 1970s.

Ok!

This is one of the hot spots of Oriental Media’s entry into music entertainment, which is to vigorously develop Cantonese pop songs.

Staying with Fang Ge'er until ten o'clock in the evening, Wu Guangyao is a bit unable to hold it, and is ready to get up and go home to find his wife and lover to fight the fire!

Sure enough, people like Zhu Yuan really carried forward the four words ‘Heaven on Earth’ to the fullest, making the men linger.

That night, Lin Yueru and Li Cui also discovered an anomaly, that is, from Wu Guangyao, they felt a passion that has not been seen in the past few years;

Obviously, Wu Guangyao has been catalyzed in some way!

(End of this chapter)




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